Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Other Intangibles

The carrying basis and accumulated amortization of the Company’s other intangible assets at December 31, 2019 and 2018 were as follows:  

(In thousands)	2019			2018
Core deposit premiums:
Gross carrying amount	$	148,679		$	105,984
Accumulated amortization	(36,871		)	(26,177		)
Core deposit premiums, net	111,808			79,807
Books of business and other intangibles:
Gross carrying amount	20,350			15,234
Accumulated amortization	(4,818		)	(3,707		)
Books of business and other intangibles, net	15,532			11,527
Total other intangible assets, net	$	127,340		$	91,334

Changes in the carrying amount and accumulated amortization of the Company’s core deposit premiums and other intangible assets at December 31, 2019 and 2018 were as follows:

(In thousands)	2019			2018
Core deposit premiums:
Balance, beginning of year	$	79,807		$	89,325
Acquisitions(1)	42,695			—
Amortization	(10,694		)	(9,518		)
Balance, end of year	111,808			79,807
Books of business and other intangibles:
Balance, beginning of year	11,527			16,746
Acquisitions(2)	5,116			—
Disposition of intangible asset	—			(3,849		)
Amortization	(1,111		)	(1,370		)
Balance, end of year	15,532			11,527
Total other intangible assets, net	$	127,340		$	91,334

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(1)    Core deposit premiums of $24.3 million and $18.4 million were recorded as part of the Landrum and Reliance acquisitions during the fourth and second quarters of 2019, respectively. See Note 2, Acquisitions, for additional information on acquisitions completed during the period.

(2)    The Company recorded $5.1 million during the fourth quarter 2019 primarily related to the wealth management operations acquired from Landrum. See Note 2, Acquisitions, for additional information on acquisitions completed during the period.

Schedule of Estimated Remaining Amortization Expense

The Company’s estimated remaining amortization expense on other intangible assets as of December 31, 2019 is as follows: 

Year	(In thousands)
2020	$	13,712
2021	13,650
2022	13,598
2023	13,316
2024	12,413
Thereafter	60,651
Total	$	127,340